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    Bloomington, IL
    Restaurants

    Bloomington, IL Restaurants for Sale

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    Normal, IL Heyworth, IL Carlock, IL
    6 properties
    Restaurant Building on 1.1 Acres
    Updated: Jun 5, 2024
    Restaurant Building on 1.1 Acres

    903 IAA Dr, Bloomington, IL

    $1,150,000
    5,484 sqft · 1.10 AC lot
    1.1‑acre tract of land
    Fronting along North Veterans Parkway and IAA Drive
    Located just south of East Vernon Avenue/General Electric Road
    Located in Bloomington, Illinois
    Existing 5,484 square foot restaurant building
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    This listing looks promising.

    Here's a quick look at some key insights for

    903 IAA Dr, Bloomington, IL

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    • Est. Cap Rate

      5.9%
      NOI ÷ price

    • Est. NOI

      $68K
      Annual

    • Mortgage

      $13.13M
      Oct 2017

    • Last Sold

      Oct 2017
      $1.14M

    • Property Type

      Commercial (General)
      Built 1986
    View Property Analytics
    54,429 SF Commercial Property ForSale
    Updated: May 4
    54,429 SF Commercial Property ForSale

    1206 Towanda Ave, Bloomington, IL 61701

    $2,600,000
    54,429 sqft
    Dollar General NNN lease through February 2025 with renewal option.
    54,429 SF former Post Office, Barber Shop, and Dollar General space.
    Located in a Tax Increment Financing District.
    Zoned B‑1 General Commercial District.
    Great Visibility.
    View details
    Turnkey Bakery Business
    Turnkey Bakery Business

    Turnkey Bakery Business for Sale (504 Guido Circle), Bloomington, IL 61701

    $395,000

    Established bakery and catering operation on the market, operating for nearly 40 years with custom cakes and desserts.

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    Downtown Bloomington Sports Bar
    Downtown Bloomington Sports Bar

    102 W Washington St, Bloomington, IL 61701

    $700,000

    Established sports bar with full kitchen and gaming area.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Bloomington Commercial Property For Sale
    Bloomington Commercial Property For Sale

    1601 W Market St, Bloomington, IL 61701

    Contact for pricing
    2,265 sqft

    Commercial property in Bloomington, IL, suitable for coffee shop.

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    Former Post Office Retail Space
    Former Post Office Retail Space

    1209 Towanda Ave, Bloomington, IL 61701

    $2,600,000
    54,429 sqft

    Retail property with existing tenants and redevelopment potential.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 6 Active listings in Bloomington, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Tangled Roots Investment Opportunity
    Tangled Roots Investment Opportunity

    140 Washington Square, Washington, IL 61571

    $4,900,000
    0.11 AC lot

    Multifaceted hub with restaurant, brew pub, and Airbnb units.

    View details
    Turn-Key Bar in Lincoln, IL
    Turn-Key Bar in Lincoln, IL

    401 Limit Street, Lincoln, IL 62656

    $250,000
    2,220 sqft

    Thriving bar with party room and outdoor area for sale.

    View details
    Turn-Key Bar in Lincoln, IL
    Turn-Key Bar in Lincoln, IL

    401 Limit St, Lincoln, IL 62656

    $250,000
    2,220 sqft

    Thriving bar with party room and outdoor area for sale.

    View details
    Commercial Land For Sale
    Commercial Land For Sale

    701 N CUMMINGS Lane, Washington, IL 61571

    $225,000
    1.45 AC lot

    Commercial land suitable for strip mall, restaurant, or businesses.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale, Normal, IL
    Land For Sale, Normal, IL

    Susan Drive lot: 21, Normal, IL 61761

    $375,000
    1.37 AC lot

    1.37 acre commercial land available in Normal, Illinois.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    1038 Wylie Drive, Bloomington, IL 61705

    $421,143
    2.31 AC lot

    2.31-acre commercial site in a high-growth Bloomington-Normal market.

    View details
    Commercial Lot in Growing Community
    Commercial Lot in Growing Community

    Le Roy, IL 61752

    $76,250
    0.70 AC lot

    Commercial lot in LeRoy, IL, near Interstate 74.

    View details
    Commercial Lot in Growing Community
    Commercial Lot in Growing Community

    Le Roy, IL 61752

    $127,200
    1.46 AC lot

    Commercial lot in LeRoy, IL, near Interstate 74.

    View details

    Off-Market Properties in Bloomington, IL

    Consider similar Off-Market properties in Bloomington, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3805 Ballybunion Rd
    Restaurants

    3805 Ballybunion Rd, Bloomington, IL 61704

    Value Estimation by Request
    5,016 sqft · 0.75 AC lot
    View details
    113 Center St
    Restaurants

    113 Center St, Bloomington, IL 61701

    Value Estimation by Request
    View details
    1709 Pkwy
    Restaurants

    1709 Pkwy, Bloomington, IL 61701

    Value Estimation by Request
    6,262 sqft
    View details

    Bloomington, IL Restaurants Market Trends and Statistics

    Explore 9 restaurants for sale in Bloomington, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 59,913 square feet of properties for sale, with an estimated market value of $3,750,000.

    Sale prices for restaurant properties in Bloomington, IL start at $1,150,000, averaging $1,875,000, and reaching up to $2,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Coffee shops 3
    Conventional restaurants 2
    Bars & Pubs 1
    Commercial kitchens 1

    Demographics Overview

    Population 85K
    Population Growth (5Y) -0.4%
    Median Household Income $81,768
    College Educated 25.4%

    High-Yield Neighborhoods for Investment

    Identify Bloomington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61701 $1.2M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McLean County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Bloomington fall within the 25,000 to 50,000 square foot range.

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